At the end of the fiscal year, Palm City was trying to determine which of its funds would be required to be reported as major funds in accordance with GASB standards. Palm City has provided the information for all of its governmental and enterprise funds that is needed to determine major fund classification in accordance with GASB standards. Select "Yes" if the funds should be classified as major or "No" otherwise. PALM CITY As of fiscal year end Total 10 % 10 % Criterion 5% Criterion 5% Criterion Total 5% Criterion 10 % Criterion Total Expenditures /Expenses Liabilities Criterion Fund Name Assets Governmental Funds 915.9 52.8 462.2 General Fund 118.8 11.9 110.75 Health & Human Services Fund 28.4 20.9 Community Development Fund Debt Service Fund 220.5 132.4 6.1 70.8 Enterprise Funds Utility City Airport Yes 104.1 97.5 6394 No 616.7 5,017.3 5,419.5 19.6 8.6 48.9 Golf Course